September 16, 2020
Years in the making, $425M mixed-use Miami River development opens
As reported in The Real Deal.The massive mixed-use River Landing Shops & Residences development along the Miami...
September 15, 2020
Amazon to open 100 more distribution centers this month
As reported in The Real Deal.Amazon is riding the online-shopping boom brought on by the pandemic.The e-commerce...
September 14, 2020
Sign of the times: Developers want to add industrial to redevelopment of Pompano casino
As reported in The Real Deal.Two companies redeveloping the 232-acre Isle Casino property in Pompano Beach want to make...
September 12, 2020
Mortgage rates notch new low
As reported in The Real Deal.Mortgage rates sank to an all-time low — again.The average rate for a 30-year fixed-rate...
September 11, 2020
CVS, drive-thru bank in Margate fetch $7M
As reported in The Real Deal.A CVS pharmacy and adjacent drive-thru bank building in Margate sold for $7 million.A...
September 10, 2020
Miami condo sales rise in first week of September
As reported in The Real Deal.Condo sales and dollar volume both rose in Miami-Dade County last week.A total of 167...
September 9, 2020
Michael Shvo’s proposed Miami Beach tower gets haircut and approval
As reported in The Real Deal.The Miami Beach Historic Preservation Board approved developer Michael Shvo’s plans to add...
September 8, 2020
Seagram scion pays $38M for West Palm affordable housing
As reported in The Real Deal.A company tied to a member of Seagram’s Bronfman family bought a 264-unit, waterfront West...
September 7, 2020
Developers land $19M construction loan for Opa-locka affordable housing
As reported in The Real Deal.A joint venture closed on a $19 million construction loan for a $26 million Opa-locka...
September 6, 2020
New signed resi contracts rose in August in South Florida
As reported in The Real Deal.Newly signed contracts for both single-family homes and condos rose on an annual basis in...
September 5, 2020
Thanks, millennials: Younger generation props up mortgage market
As reported in The Real Deal.The purported laziest generation in history is propping up the mortgage market.Millennials...
September 4, 2020
Developer plans multifamily project in Dania Beach
As reported in The Real Deal.A developer plans a 79-unit apartment building with ground-floor retail space in west Dania...
September 3, 2020
Jenco Properties pays $68M for Flagler Village apartments
As reported in The Real Deal.Apartment giant AMLI Residential sold a rental complex in Fort Lauderdale’s Flagler Village...
September 2, 2020
Condo sales rise in Miami-Dade
As reported in The Real Deal.A total of 125 condos sold for $54.5 million last week in Miami-Dade. That’s compared to...
September 1, 2020
Bankruptcy judge approves Madison Realty’s purchase of Costa Hollywood Beach condos
As reported in The Real Deal.The lender for embattled Costa Hollywood Beach Resorts acquired the property’s unsold...
August 31, 2020
Fed signals low rates are here to stay
As reported in The Real Deal.The Federal Reserve has shifted its strategy for setting interest rates, allowing inflation...
August 29, 2020
Developers score $22M construction loan for Westchester senior living and medical office project
As reported in The Real Deal.A group of developers scored a $22 million construction loan for a mixed-development in...
August 28, 2020
Insurance tycoon sells Palm Beach lot to spec home developer
As reported in The Real Deal.Insurance tycoon Peter Wood sold a piece of the former Kluge estate in Palm Beach to a spec...
August 27, 2020
Apartment giant Aimco buys waterfront Hamilton on the Bay tower in Edgewater
As reported in The Real Deal.A company affiliated with the Arison family sold Hamilton on the Bay, a large waterfront...
August 26, 2020
Florida Realtors: July Housing Market Had ‘Wave of Closed Sales’
As reported in FloridaRealtors.orgORLANDO, Fla. – Florida’s housing market continued its positive momentum in July...
August 25, 2020
Restoration 1 franchise founder buys North Lauderdale office and retail center for $6M Jefferson Square Plaza has fou
As reported in The Real Deal.The founder of a restoration franchise that helps with damage from water, fire and other...
August 24, 2020
SoftBank’s Marcelo Claure pays $11M for North Bay Road teardown
As reported in The Real Deal.Marcelo Claure, a top executive at Japanese conglomerate SoftBank Group, paid $11.1 million...
August 22, 2020
A buyer’s market: Condo supply soars in downtown Miami
As reported in The Real Deal.The supply of unsold condos is growing in downtown Miami, as the pandemic continues to...
August 21, 2020
Developer Rishi Kapoor lands approval for mixed-use co-living project in South Beach
As reported in The Real Deal.Developer Rishi Kapoor is a step closer to bringing his Urbin Retreat concept to South...
August 20, 2020
Richman plans senior housing on Allapattah Opportunity Zone property
As reported in The Real Deal.The Richman Group is planning a senior housing development in Allapattah.Richman, a major...
August 19, 2020
Oxygen water honcho sells Jupiter Inlet Colony house for $5M
As reported in The Real Deal.The CEO of a Toronto-based oxygen water company who reportedly has a stake in Seattle’s new...
August 18, 2020
Estate Companies buys shuttered Hialeah Ramada for $15M
As reported in The Real Deal.High-end apartment developer The Estate Companies bought a former Ramada Inn in Hialeah.The...
August 17, 2020
Developer completes $225M Paseo de la Riviera mixed-use project
As reported in The Real Deal.The developer of Paseo de la Riviera in Coral Gables opened the hotel component last week,...
August 14, 2020
Bar Invest pays $56M for West Palm apartments
As reported in The Real Deal.Miami real estate investment firm Bar Invest Group bought a 300-unit garden-style apartment...
August 13, 2020
COVID-19 Boosted Number of Rich New Yorkers Moving to Fla.
As reported in FloridaRealtors.orgFla. is a winter retreat for New York’s upper class, but over the past few years, some...
August 12, 2020
Ex-Venezuelan politician who won Miss Universe sells Gables Estates mansion
As reported in The Real Deal.Former Miss Universe and ex-Venezuelan politician Irene Sáez sold her Gables Estates...
August 11, 2020
The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers
As reported in The Real Deal.Amazon may soon take over the spaces of bankrupt retailers it has left in the dust.The...
August 10, 2020
Invitation Homes may double its single-family portfolio
As reported in The Real Deal.Single-family rental giant Invitation Homes Inc. is looking to take advantage of low...
August 9, 2020
Shoma Group scores $67M loan for mixed-use Hialeah project
As reported in The Real Deal.Developer Masoud Shojaee closed on a $67 million loan for Shoma Village, a mixed-use...
August 8, 2020
Billionaire Charles Cohen proposes 338-foot tall office tower in West Palm
As reported in The Real Deal.Billionaire developer Charles Cohen submitted new plans for a Pelli Clarke Pelli...
August 7, 2020
South Florida resi contracts continued to rise in July
As reported in The Real Deal.New signed residential contracts and new condo inventory in South Florida rose in July,...
August 6, 2020
Private equity firm sells West Palm medical offices at discount
As reported in The Real Deal.A private equity group sold a medical office building in West Palm Beach for $5.2...
August 5, 2020
Alta launches sales of second phase of Doral development
As reported in The Real Deal.Alta Developers launched sales for the second phase of its Neovita Doral gated...
August 4, 2020
Builder Confidence Surges in Second Quarter
The index measuring attitudes about 55-plus communities jumped 27 points to 65, according to NAHB. The index has now...
August 3, 2020
Developer buys Miami Worldcenter site for mixed-use project
As reported in The Real Deal.Miami Worldcenter’s developers sold a site at the megaproject for $18.85 million to Akara...
August 2, 2020
NJ auto dealer pays $21M for North Miami Beach dealerships
As reported in The Real Deal.A New Jersey auto dealer paid $21 million for the properties housing Honda of Aventura and...
August 1, 2020
FPL acquires nearly 1K acres in Palm Beach County for a solar farm
As reported in The Real Deal.Florida Power & Light paid $17.9 million for 969 acres in western Palm Beach County,...
July 31, 2020
Cortland pays $74M for Depot Station apartments in Delray Beach
As reported in The Real Deal.Cortland Partners paid $73.9 million for the Depot Station apartment complex in Delray...
July 30, 2020
Cumberland Farms scion buys waterfront Boca Raton home
As reported in The Real Deal.A descendant of the founder of Cumberland Farms paid $11 million for a newly built...
July 29, 2020
Brookfield snags Miami Lakes warehouse for $22M
As reported in The Real Deal.Brookfield Property Partners snagged a warehouse in Miami Lakes for $22.2 million, as...
July 28, 2020
Integra, partners pick up waterfront dev site next to Jockey Club for $16M
As reported in The Real Deal.Integra Investments and two partners purchased an 8.2-acre waterfront development site just...
July 27, 2020
Bon Jovi pays $43M for oceanfront Palm Beach estate
As reported in The Real Deal.Rock star Jon Bon Jovi closed on an oceanfront mansion in Palm Beach for $43 million, after...
July 25, 2020
Jack Nicklaus to design golf course at Avenir in Palm Beach Gardens
As reported in The Real Deal.Famed golfer Jack Nicklaus will design a golf course within the master-planned community of...
July 24, 2020
Asi Cymbal closes on multifamily dev site in Dania Beach
As reported in The Real Deal.Developer Asi Cymbal closed Wednesday on a $4.8 million purchase of land in Dania Beach for...
July 23, 2020
Existing home sales surge nearly 21% in June – the highest monthly gain on record
As reported in CNBC.Sales of existing homes jumped nearly 21% in June compared with May, according to the National...
July 22, 2020
Billionaire waste management mogul sells Bal Harbour mansion for $23M
As reported in The Real Deal.Billionaire Patrick Dovigi, a retired hockey player turned waste management mogul, sold his...
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